Collapsing airports sector sends Grimshaw profit tumbling

By Dave Rogers2021-05-14T05:00:00

Source: Shutterstock

Architect says average monthly profit down 40% in latest report and accounts

Grimshaw was left counting the cost of covid and its impact on its key aviation business last year as the firm said monthly income had nosedived a third since the pandemic took hold last spring.

The architect was already facing a major headache before covid struck last March when a Court of Appeal decision a month earlier ruled the UK government’s airports policy, which included expanding Heathrow where it has been masterplanner, breached the 2016 Paris climate agreement.

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